1.

An economy produces two goods: T-shirts and cell phones. The following table summarizes its PPC. Calculate the marginal opportunity costs of T-shirts at various combinations. (NCERT)T-shirts (in millions)Cell phones (in thousands)0900001 800002680003520004340005 10000

Answer»
T-shirts (in millions)Cell phones (in thousands)Marginal opportunity cost
90000-
18000010000
26800012000
35200016000
43400018000
51000024000



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